Regular Overseas Payments

The TorFX Regular Overseas Payments service is a highly cost effective and simple way to send money abroad on a regular basis. The service is available for regular transfers of between £250 and £5,000 per month over a minimum period of 6 months.

TorFX can offer you a highly competitive exchange rate on your transfers, and we charge 0% commission, saving you an average of 3% over the rates offered by high street banks. In addition, we will only charge you £6 per transfer, compared to a typical charge of £30 for most banks. Once you set up the plan, you don't need to do anything, the payments will be made automatically.

Click here to Apply for our Regular Overseas Payments Plan

Click here to Apply for our Regular Overseas Payments Plan

Option 1 - Fixed Rate Regular Payments

If you require a specific amount of currency each month, (payment of a mortgage for example) you can fix the exchange rate on your regular payments for 12 months. At the end of this period, you can review, and fix your rate for a further 12 months. This means you know exactly how much currency will reach your account each month, avoiding the risk of fluctuating exchange rates.

Click here to Apply for our Regular Overseas Payments Plan

Option 2- Non Fixed Regular Payments

This option allows you to take the prevailing exchange rate each month, resulting in a varied amount of currency reaching your account. If you feel the current rate is very low, and likely to improve, this may be the option for you.

Whichever option you decide to use for your payments, TorFX will ensure that you receive an excellent rate of exchange, and your currency will reach your account on your chosen date each month.

Click here to Apply for our Regular Overseas Payments Plan

* Your first payment will include a deposit equal to one monthly payment. This will be used to make your last payment. If you wish to transfer £250 per month, the first payment to TorFX will be £500, followed by 10 monthly payments of £250.